Contract Hire is the ultimate leasing arrangement - offering a total 'peace of mind' package to business car users.

Effectively, it is an all-inclusive vehicle operating package that enables you to control vehicle costs and budget ahead - for up to three years - with absolute ease and precision.
Since Contract Hire takes all the time-consuming and costly responsibilities of acquiring, financing, maintaining and disposing of company vehicles off your hands, this leaves you free to concentrate on the work you specialise in - running your own business. And your accounts staff will no longer have to process service, repair and car hire bills.
You gain immediate use of the vehicle, without any of the burdens of ownership. That means you also eliminate the inevitable cash flow difficulties arising from unexpected maintenance and repair costs!

• Purchase and disposal of any make of vehicle and free collection and delivery of vehicles at commencement and end of contract.

• Routine service and maintenance for duration of the contract, including oil lubricants and other consumables.

• Unlimited tyres, batteries and exhausts needing replacement due to fair wear and tear.

• Faulty/worn parts, not covered by warranty, repaired and replaced, replacement vehicle after mechanical or accident breakdown commencing 24 hours after breakdown (refer to quote for level of cover).

• Full breakdown recovery service including 'relay and homestart'.

• Road Fund Licence throughout the period of the contract.

• Windscreen replacement discount service.

• The facility to terminate early to extend the contract (details on request).

Southern Motor Contracts Ltd provides truly national service - your vehicles can be maintained at any franchised garage. And we will ensure that your staff are kept mobile wherever they break down. Our maintenance controllers are experts at vehicle cost control and our massive purchasing power ensures reduced transport costs for your business.

This option offers the financial advantages of leasing with the provision of road fund licences and disposal at the end of the contract but without the maintenance package. You pay for all servicing and repairs.

If you are looking to own a vehicle but would like to reduce your monthly payments, Lease Purchase may provide you with a solution. It is a purchase plan that allows you to incorporate a balloon payment at the end of the agreement. As with a Hire Purchase agreement there are fixed monthly payments and, once the final balloon payment has been made, outright ownership is achieved.

Benefits

• Low Deposit

• If VAT registered, VAT on the purchase price may be re-claimed

• No VAT on monthly payments

• Will be an asset and attract write down allowances.

Fleet Management allows you to retain vehicle ownership but benefit from our sophisticated cost control techniques and save management time. Finance leasing and lease purchase funding options may also be operated with a fleet management package.

As we are independent from any manufacturer or funding house we are able to provide you with truly independent advice on all matters.

We Offer...

• Substantial savings on vehicle procurement to assist with driving down price

• Our nationally negotiated maintenance rates will save you money

• Monthly billing keeps paperwork to a minimum and free up staff's time

• Vehicle disposal service with transparent pricing to ensure the best value acheived

and much, much more!

We provide tailor made fleet management service to suit your companies' individual requirements. Our 'state of the art' Internet based fleet management system allows customers to access information on all their vehicles 24/7.

As experts in our field for over 20 years we can pass on significant savings and cost effective practices to our customers ensuring that we deliver an excellent value for money service with comprising on quality.

Short and Long Term Vehicle hire
Motorent has a vehicle and a flexible package to suit your requirements. Does your company Buy, Lease or Contract Hire motor vehicles? If the answer is yes, please take a moment to read this page!!
Flexi-Lease offers a flexible and innovative approach to your vehicle requirements. Such as...

• Vehicle rental from 1 day to 24 months

• Cars, Vans, MPV's and Minibus

• No Terminations Penalties

• No Long Term Commitments

• Totally Flexible Contract Period

• Maximum Flexibility

• Probation Period Vehicles

• No Deposits

• No Disposal Problems

• No Utilisation of Valuable Credit Lines

Flexi-Lease eliminates all of the commonly experienced problems of vehicle funding. Surplus /unwanted vehicles

• Paid a penalty to terminate contract hire vehicles early

• Suffered Heavy depreciation on vehicle disposals

• Regretted taking a long term commitment

We believe that Flexi-Lease has an application in every business that operates vehicles. Please call us for a personalised quotation.

This is a form of a conditional sale agreement and suits the private individual. It gives lower monthly payments on new and nearly new vehicles against traditional hire purchase agreements with options at the end of the agreement, making new cars more affordable.

The payments are reduced by including a Guaranteed Minimum Future Value of the vehicle at the end of the agreement. This balloon payment it calculated on the mileage the vehicle is going to achieve by the end of the contract.

At the end of the contract, the customer has three options –

• Hand the vehicle back with no penalties (unless the contract mileage is exceeded and then there are excess mileage charges incurred)

• Part exchange the vehicle

• Pay the outstanding balloon payment and keep the vehicle.

Finance Lease is very similar to contract hire however, there are distinct differences in the features.

This type of agreement allows you to lease the vehicle for a fixed period of time. At the end of the agreement the vehicle is sold and the lessee receives up to 100% of the proceeds of the sale to offset against rentals paid.

This type of hire provides complete flexibility as it does not contract you to a specified mileage and a balloon payment could be included in the contract to reduce the monthly payments.

If at the end of the agreement you would like to extend the contract for another year, there is usually a cost of one month's rental (peppercorn payment).

Benefits

• Low Deposit

• The vehicle is classed as an Asset on the balance sheet

• How the vehicle is disposed of is down to the lessee

• Up to 100% of VAT on rentals may be recovered, if VAT registered

• Businesses that are not VAT registered can spread the VAT cost over the rentals rather than finding the capital VAT up front on commercial vehicles.

Hire Purchase is the traditional method of funding vehicles and assets for both businesses and private individuals. It is straight forward and easy to understand and the user gains ownership of the vehicle at the end of the contract.